Sunday, December 22, 2024
Home > ICO > Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Shares of tech firm MicroStrategy (MSTR, which holds about 130,000 bitcoins, fell 20% Wednesday. Crypto exchange Coinbase (COIN) dropped 9.5%. Crypto-focused bank Silvergate (SI) declined 12%, while financial services firm Galaxy Digital (GLXY.TO) fell 16% in Toronto stock exchange. The stocks of bitcoin miners such as Riot Blockchain (RIOT) and Marathon Digital (MARA) also took a hit.

Original Source